Anonymous20 days ago
Meta is reportedly considering cutting up to 20% of its nearly 79,000-person workforce — approximately 15,800 jobs — to offset the staggering cost of its AI ambitions, which include up to $135 billion in capital spending for 2026 alone. The potential layoffs, which would be the largest in Meta's history, come as the company pivots sharply from its $80-billion metaverse bet toward a new "personal superintelligence" strategy, reflecting a broader tech industry pattern where record AI investment is being funded partly through mass workforce reductions.